Job Purpose
To lead strategic procurement activities for Paper (PBL & VABL), major raw materials, procurement planning, inventory optimization, alternate vendor development, budgeting, procurement compliance, CSR initiatives, e-tools adoption, and continuous improvement of procurement processes across plants.
Principal Accountabilities
1. Strategic Procurement, Negotiation & Pricing Management
- Develop and execute sourcing strategies for PBL, VABL, and other key raw materials.
- Lead commercial negotiations, pricing analysis, and cost optimization initiatives.
- Monitor market trends, supplier performance, and commodity movements to support procurement decisions.
- Ensure timely finalization of contracts, price agreements, and purchase commitments.
- Identify and implement cost-saving opportunities and value engineering initiatives.
2. Procurement Planning & Inventory Optimization
- Drive procurement planning based on production plans, sales forecasts, inventory levels, and business requirements.
- Optimize inventory levels while ensuring uninterrupted supply of materials across plants.
- Monitor stock coverage, in-transit inventory, open orders, and supplier lead times.
- Coordinate with planning, production, logistics, and finance teams to improve working capital efficiency.
3. Alternate Vendor Development
- Identify, evaluate, and develop alternate suppliers for PBL, VABL, and other critical raw materials.
- Conduct supplier assessments covering quality, capacity, commercial competitiveness, and risk management.
- Support supplier onboarding and qualification activities.
- Build a robust supplier base to reduce dependency and supply chain risks.
4. Budgeting & Forecasting
- Lead annual budgeting and quarterly forecast exercises for Paper and key raw materials.
- Collaborate with plant purchasers and finance teams to prepare procurement budgets.
- Monitor budget adherence and identify cost variances.
- Support management reviews with detailed spend analytics a
📌 Assistant Manager – Purchase (Mumbai)
🏢 GYPROC
📍 Mumbai